Author Archives: Misc

Moodys warns of Australian Property Bubble

It’s a familiar story to those in the USA & Europe but it seems the Australian property market has got a lot of the characteristics of the credit fueled calamity that befell the economies of the USA, UK, Ireland and … Continue reading

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KPMG to protect La Senza lingerie chain from administration

Lingerie chain, La Senza, has become the latest UK retailer to face financial restructuring. Global accounting firm, KPMG has been appointed to advise the company on a range of restructuring options, which could include administration or a company voluntary agreement … Continue reading

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UK consumers tp spend 350 million hours shopping online this Christmas

Experian Hitwise has made twelve key retail, social media and video predictions for this year’s festive season. Based on the latest data trends in online shopping, social networking, email and entertainment, here are their “12 Insights of Christmas” 350 million … Continue reading

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Subway overtakes McDonalds as world’s largest

Subway have today claimed that their Chain is now larger than McDonalds worldwide with 33,749 stores versus 32,737 displaying the famous Golden Arches. However it is still safe to say that McDonalds is much larger in terms of revenue with … Continue reading

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Obama’s Nuclear Plans suffer setbacks

US Preseident, Barack Obama’s hopes of reshaping US foreign policy stand on the brink of failure tonight, after two of his most cherished initiatives, nuclear disarmament and better relations with Moscow, suffered major setbacks. According to a leaked NATO document … Continue reading

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UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

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GM to accelerate Volt Electric Car production

General Motors is stepping up production of its new Chevrolet Volt electric car in response to “huge demand,” according to a statement by a top executive yesterday. GM product chief, Tom Stephens, was Speaking at an event where the Volt … Continue reading

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